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What Is Powering The Emerging Pawnaissance?

PYMNTS

As noted by a recent USA Today report, millennial college grads saddled with tens of thousands of dollars in student debt who get behind on payments rapidly find themselves first pushed into the deep subprime credit zone and short on funds in case of a major financial setback.

Ohio 151
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Lenny Loves Dwolla: Digital Payment Network Helps Bring Microloans to Millennials

Fintech Labs Insights

What happens when a millennial microlending app teams up with the white-label API of a digital payment network? Founded in 2008 and based in Des Moines, Iowa, Dwolla has raised more than $32 million in funding. The post Lenny Loves Dwolla: Digital Payment Network Helps Bring Microloans to Millennials appeared first on Finovate.

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Q2 Acquires Social Money in $10 Million Deal

Fintech Labs Insights

Founded in 2007 and headquartered in West Des Moines, Iowa, Social Money is geared toward millennials and Gen Y consumers – a point underscored by Flake. ” Pictured: Social Money CEO Scott McCormack demonstrating GoalSaver at FinovateSpring 2012.

Iowa 12
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Social Money Teams Up with Sallie Mae to Provide Goal-Based Savings Accounts

Fintech Labs Insights

Having established itself as a goal-saving solution for millennials with its SmartyPig solution, Social Money is now gearing up for the next generation with its new partnership with educational lender , Sallie Mae. CorePro was officially launched in 2013.

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Hy-Vee Kicks Into Hy-Gear With Wahlburgers, OrangeTheory Partnerships

PYMNTS

That’s the strategy Hy-Vee is investing in, and the latest move along the trajectory has been a partnership between the Iowa-based supermarket chain and two unlikely comrades: OrangeTheory Fitness and Wahlburgers restaurants. Could the secret to winning the grocery wars lie not in groceries, but in adjacent brands and services?

Iowa 100
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What Will Drunk Shoppers Buy On St. Patrick’s Day?

PYMNTS

For example, men spend about four times ($233 per binge) more than women ($54), and millennials spend 75 percent more than Generation Xers and 40 percent more than Baby Boomers. However, this amount can vary based on the age and sex of the consumer in question (as well, presumably, as the amount of alcohol imbibed).

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A Step Ahead

Independent Banker

If you’re an online bank or are simply looking for younger, more millennial-type customers, Twitter and Instagram are strong platforms to use. a payments network in Johnson, Iowa. For starters, you need to understand the networks you’re posting on,” she says. “If Patrick Dix is vice president of public relations for SHAZAM Inc.,